Page 31 - Start-ups

Start-ups working for debris management in outer space: Minister

Start-ups in the space sector are working on software solutions for debris management in outer space, Science & Technology Minister Jitendra Singh said here on Wednesday. Singh, who chaired a meeting of all the science ministries and departments, said more than 50 start-ups were working in the space sector and 10 of them had a funding of Rs 50 crore or more individually. He said science ministries and departments concerned were on the job applying different scientific solutions for sectors such as agriculture, land mapping, dairy, food, education, skill, railways, roads, Jal Shakti, power, coal and sewage cleaning. An official statement quoted the minister as saying that joint working groups were being set up between science departments and line ministries to speed up identification of the scientific applications for proposals and problems faced by them. Singh said so far 38 ministries have sought technology support in different sectors and over 200 proposals/requirements have ...

Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens

Metamall has already raised $4.6 million in its seed, strategic and private rounds and more than $2 million through NFT realty sales

Shark Tank: 13-yr-old girl's anti-ragging app gets Rs 50 lakh funding offer

The investors in Jolly's idea are Anupam Mittal, founder and CEO of People Group (Shaadi.com) and Aman Gupta, co-founder of boAt

'As $35 bn flows into start-ups, total deals soar 40% to $115 bn in 2021'

Of the total PE money, as much as USD 35 billion were pumped into start-ups alone: PwC India report

Kerala CM Pinarayi Vijayan to inaugurate 'Huddle Global' meet on Feb 19

A Blockchain Summit has been planned as part of the conference on the concluding day

India has added 34% more drone start-ups since new August guidelines

Average funding of top 10 start-ups has increased 10 per cent to $5.6 million

BharatPe investors may make stake sale painful for Ashneer Grover: Experts

BharatPe founder's demand for Rs 4,000-crore payout rests on shaky ground

Karbon Card raises $15 mn from Olive Tree, Harmony, Avenir and others

Existing investors Ramp, Mercury and Orios Venture Partners also participated in current round, which has taken the total amount raised by Karbon to about $32 million

Budget 2022: Fillip to start-ups, ESOPs by capping LTCG surcharge at 15%

At present, long-term capital gains on listed stocks are liable to 15% surcharge max, while other long term capital gains suffer a graded surcharge which goes up to 37%

Budget 2022: Battery swapping policy big booster for EVs, says industry

The Union Budget for 2022-23 aims at strengthening the whole ecosystem of the EV industry, which will spur the demand for green vehicles, the EV industry said on Tuesday.

Eco Survey: Share of start-ups in patent applications rise over 5x in 5 yrs

In 2019-20, the share of start-ups in total patents filed was 3.3%; share in total patents granted was 0.51%

Economic Survey: Number of space start-ups double in 2021

Two-thirds of India's space start-ups have been added in the last two years

Indian startup ecosystem generated over 600,000 jobs: President Kovind

Hailing the Indian startup success story, President Ram Nath Kovind on Monday said the burgeoning startup ecosystem has generated more than 6 lakh jobs to date.

PM Modi lauds youth for taking India to world's top 3 in creating startups

Prime Minister Narendra Modi on Friday said that India's youth has taken the nation to the top-3 in the world in terms of creating startups.

Food delivery startup RailRestro sees 50% decline in sales amid Covid surge

The IRCTC-authorised food partner has termed the present crisis as a "blip"

Indian start-ups feel the heat of global technology-driven sell-off

Shares of the handful of start-ups listed on the domestic bourses have come off sharply from their record highs

Budget 2022: Indian startups seek friendly policies, tax incentives

Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations to enable spending on innovation, ease-of-doing business, a slew of homegrown startups said

77% cos believe startups aiding employment scenario in India: Report

A survey has revealed that 77 per cent of respondents believe these new-age firms have a positive role in boosting the employment scenario in the country.

Lummo raises $80 mn in funding from Tiger Global, Sequoia Capital India

Lummo (previously known as BukuKas) on Wednesday said it has raised USD 80 million (about Rs 595.8 crore) in funding led by Tiger Global and Sequoia Capital India.

MyCaptain raises $3 mn in Pre Series-A funding led by Ankur Capital

This funding will be utilised to further scale course offerings, acquire more users, and expand the team